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REPORTER: Will AB5 Spread Across the U.S.?

This article was originally featured in the Fall 2022 Edition of Urner Barry's Reporter magazine. Want a FREE subscription? Click HERE.

The trucking industry has taken its lumps over the last several years be it due to the COVID-19 pandemic, lack of drivers, chaos at ports due to ongoing supply chain issues, and other factors. Now comes the potential impact of a bill that has been around for a couple of years and is finally starting to make significant waves in California, the state where it was enacted. It’s called...

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Sep 30 9:15 AM, Urner Barry



New Cold Storage Facility in SoCal Lands Safe Quality Foods Certification

West Coast Cold Storage, a Southern California-based food-grade warehousing service provider, attained Safe Quality Foods (SQF) certification for their new state-of-the-art facility.

The woman-owned facility boasts 124,000 Sq. Ft. of space and wrapped up the SQF auditing processing within six months of starting operations. The facility garnered a 97 out of 100 in its first audit.

The certification was administered by the Food Marketing Institute and recognized by the Global Food Safety Initiative (GFSI), the company shared in a press release...

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Aug 31 9:46 AM, General News


Maersk’s Terminals Business Exits Russia with Sale of Russian Operator Global Ports

A.P. Moller-Maersk (Maersk)-owned APM Terminals (APMT) will divest its shares of Russian container terminal operator Global Ports Investments (GPI) to a long-term partner Delo Group.

The move follows Maersk’s decision to discontinue activities in Russia following the country’s invasion of Ukraine earlier in the year.

Specifically, APMT has now entered into a binding agreement, subject to regulatory approvals, to divest its entire 30.75% shareholding in GPI to APMT’s long-standing joint venture partner Delo Group who also owns 30.75% of the shares in GPI...

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Aug 30 10:55 AM, SeafoodNews


Port of LA Hits New June Cargo Record

The Port of Los Angeles announced it moved 876,611 Twenty-Foot Equivalent Units (TEUs) in June, edging out last year as the best June in the Port’s 115-year history.

At the mid-point of 2022, the Port has handled more than 5.4 million TEUs, matching last year’s record-setting pace, the Port shared in a press release.

“Halfway through the year, we’ve been able to reduce the number of vessels waiting to berth by 75%, allowing dock workers to efficiently process more vessels...

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Jul 18 8:00 AM, General News


USDA to Invest up to $65 Million in Pilot Program to Strengthen Food Supply

President Biden joined leaders from across the Western Hemisphere to present the Los Angeles Declaration on Migration and Protection at the Summit of the Americas. The Declaration seeks to mobilize the entire region around strong actions to bring the historic migration crisis under control. The Declaration is organized around three key pillars: (1) stabilization; (2) legal pathways and protections; and (3) humane migration management. In preparation for the Summit, the United States and other countries in the region developed a suit of bold new...

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Jun 14 7:30 AM, General News


Latest Maersk Cold Storage Facility Set to Open in New Jersey This Fall

A cold storage facility serving both imports and exports of fish, poultry, beef, pork, fruits and vegetables will open in Dayton, New Jersey in October, Performance Team – A Maersk Company, announced on June 6.

Maersk explained that end-to-end supply chain solutions are made by the company’s Oceans services calling APM Terminals Elizabeth, New Jersey that can be integrated with Maersk Customs Services, USA Inc. customs clearance expertise and Performance Team – A Maersk Company’s 60+ warehouses and Transportation services - designed to serve storage, fulfillment...

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Jun 8 9:39 AM, General News


Lineage Logistics Acquires Supply Chain Software Firm Turvo

Lineage Logistics acquired Turvo Inc., a leading provider of supply chain management, collaboration, and visibility software, per a June 1 announcement. The financial terms of the deal were not disclosed.

The move to acquire Turvo follows an initial investment made by Lineage Ventures and Lineage’s vision for improved supply chain collaboration. Turvo will now become a wholly-owned subsidiary of Lineage under its own brand.

“Lineage’s acquisition of Turvo was a natural extension of our partnership, through which we successfully launched Lineage Link™ last year,” said Adam Forste, Co-Executive Chairman...

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Jun 2 11:36 AM, SeafoodNews


Lineage Logistics Named to CNBC Disruptor 50 List for Second Year in a Row

Lineage Logistics appeared on CNBC Disruptor 50 list in back-to-back years the company announced on May 17. The company landed on the #3 spot after debuting at the #17 spot in 2021.

CNBC’s list displays the 50 fast-growing private companies in a number of industries. 

Companies named as a CNBC Disruptor 50 are selected by CNBC and CNBC.com editorial staff using a proprietary blend of quantitative and qualitative information submitted by more than 1,400 nominated companies, Lineage shared in a press release...

 

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May 20 8:20 AM, General News


Sysco to Deploy 800 Electric Trucks by 2026 for U.S. Customers

Food distribution giant Sysco signed a Letter of Intent (LOI) with truck manufacturer Daimler Truck North America (DTNA) to deploy nearly 800 battery-electric trucks set to serve Sysco customers by 2026, both companies announced jointly on May 19.

"Sysco is committed to making meaningful investments to support achievement of our climate goals, including those that encourage the development of electric tractors and trailers. We are eager to partner with a like-minded industry leader like Daimler Truck North America to deploy battery electric trucks nationwide,” said Marie Robinson...

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May 20 8:06 AM, SeafoodNews


Diesel Prices Climb to Fresh Record High

According to data from AAA, diesel prices surged to a fresh record high this week at $5.55 per gallon. This is up about 13 cents from the week prior and a whopping 78% higher than a year ago.

Elevated diesel prices are intensifying inflationary pressures and raising the costs of production for a variety of industries including farming and manufacturing. 

The U.S. Bureau of Labor Statistics reported that inflation climbed to 8.3% in April. This was down slightly from the month prior but still a near 40-decade high. U.S. stocks were mixed following the latest CPI data...

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May 11 9:29 AM, UB Newswires


Lineage Logistics’ Latest Acquisition Sets Groundwork for Significant Singapore Expansion

Cold storage giant Lineage Logistics has made another acquisition. This time the company has bought Mandai Link Logistics (“Mandai”), marking the Company’s market entry into Singapore.

Lineage said the financial terms of the deal were not made public, but the move sees Lineage acquire the market leader in Singapore for the provision of cold storage services and automated operations.

“Mandai established Singapore’s first fully automated cold storage facility and has been long considered a local market leader in the provision of cold storage warehousing and distribution services,” Jeff Hogarth...

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May 9 8:00 AM, SeafoodNews


Lineage Logistics Expands Footprint in Canada Through Latest Acquisition

Lineage Logistics announced the acquisition of VersaCold Logistics Services, a Canadian cold chain solution provider from TorQuest Partners (“TorQuest”) and its co-investment partners, The Investment Management Corporation of Ontario (“IMCO”) and OPTrust on April 13.

VersaCold was founded in 1941 and has grown to run 24 temperature-controlled facilities comprising 114 million cubic feet of storage and 361,000 pallet positions. Its network spans nine provinces and features facilities in some of the key metropolitan markets in the country.

“Our acquisition of VersaCold represents yet another...

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Apr 13 11:03 AM, General News


Maersk Enters Air Cargo Sector as Customers Search for Shipping Options

Maersk has debuted Maersk Air Cargo which will become the shipping giant’s main air freight offering serving the logistics needs of its clients with integrated logistics.

At the same time, Maersk chose Denmark’s second largest airport, Billund, as its air freight hub for Maersk Air Cargo with daily flights creating several jobs in the region, the company announced in a press release.

“Air freight is a crucial enabler of flexibility and agility in global supply chains as it allows our customers to tackle time-critical supply chain...

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Apr 8 10:56 AM, SeafoodNews


Maersk Continues Electric Vehicle Investment in North America with 110-Truck Volvo Order

Shipping giant Maersk said it is doubling down on its electric truck fleet expansion plans in North America with a 110-vehicle order with Volvo, the company announced on March 29.

Maersk will add 110 additional Volvo VNR Electric Class 8 trucks, increasing its total commitment to 126 trucks. The trucks will be delivered by the end of Q1 2023 to support increased demand from customers.

“Our customers are looking for tangible actions on sustainable supply chains - not just conceptual,” Vincent Clerc, CEO of Ocean & Logistics at A.P. Moller...

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Mar 30 11:26 AM, General News


Maersk Deploying Fleet of Electric Trucks to Provide Sustainable Supply Chain Options

Shipping giant Maersk will add a fleet of 300 electric trucks to its North America operations with delivery set between 2023-2025. The move will create the largest heavy-duty electric truck deployment to date.

The trucks will be used in the company’s warehousing, distribution and transportation business called Performance Team – A Maersk Company. The move comes thanks to a partnership with Einride, a tech company focused on freight mobility solutions.

The trucks will be operated using Einride’s digital road freight operating system and charging solutions...

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Mar 25 8:00 AM, General News


Biden–Harris Administration Announces Initiative To Improve Supply Chain Data Flow

The Biden-Harris administration is taking action to improve the supply chain. On Tuesday a new initiative was announced with the goal to speed up delivery times and reduce consumer costs.

Port congestion and delays has been a hot topic for those in and outside of the food sector. In an effort to rid the supply chain of these vulnerabilities and congestion, the Biden-Harris administration is launching Freight Logistics Optimization Works, or FLOW.

FLOW is an “information sharing initiative to pilot key freight information...

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Mar 17 7:58 AM, SeafoodNews


U.S. and Allies Seek to Impose Higher Tariffs on Russian Imports

Today, President Biden is expected to announce that the U.S., European Union, and Group of Seven countries will revoke Russia’s “most favored nation” trade status in yet another retaliatory measure against the country’s invasion of Ukraine. 

Bipartisan pressure has been mounting to annul what is known as “Permanent Normal Trade Relations”, or PNTR, with Russia. PNTR is a legal designation in the United States for free trade with a foreign nation. Days earlier, President Biden moved to ban imports of Russian oil, gas, and coal to the United States.

Rescinding the most favored nation status from Russia would grant the U.S. and its allies the ability to impose higher tariffs on Russian imports, exerting additional pressure on the Russian economy as Russia continues to attack its neighboring country...

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Mar 11 9:00 AM, UB Newswires


What the U.S. Ban on Russian Oil Could Mean for U.S. Consumers

On Tuesday, President Biden announced a U.S. ban on Russian oil and gas imports as a measure to target “the main artery of Russia's economy”. The ban also applies to Russian coal, according to the White House briefing. 

"We're banning all imports of Russian oil and gas energy. That means Russian oil will no longer be accepted in U.S. ports, and the American people will deal another powerful blow to Putin's war machine," said Biden. 

The ban coincides with record-high gas prices, not adjusted for inflation. According to AAA, the national average climbed to $4.25 a gallon today, up 8 cents from yesterday and a 16.3% increase from the week-ago figure. Consumers have not seen gas prices this high since the summer of 2008. Californians are currently facing the largest expense at $5.57 per gallon on average...

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Mar 9 9:17 AM, UB Newswires


Canada Raises Tariffs on Russian Goods; Closes Ports to Russian Ships Following Ukraine Invasion

The Canadian government is responding to Russia’s invasion of Ukraine by dropping its Most-Favoured-Nation Tariff (MFN) treatment and closing its ports to Russian ships, a move that will hurt Russia’s pockets.

According to Chrystia Freeland, Deputy Prime Minister and Minister of Finance, and the Honourable Mary Ng, Minister of International Trade, Export Promotion, Small Business and Economic Development, Canada has issued the Most-Favoured-Nation Tariff Withdrawal Order (2022-1), removing Russia and Belarus’ MFN treatment, as announced on March 3...

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Mar 7 8:00 AM, General News







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